Outer Banks Real Estate MLS Report December 2018

End of Year (2018) – MLS Statistical Report

MLS Director Report – 2018 was a good year; however, there are some trends that bear watching. Sales are flat (less then a 1% change) while listings in an Under Contract status have declined sharply (9%). Inventory, on the other hand, is up (5%). Median sale price, depending on area, is also flat.

Total Sales

Y-O-Y December sales are down 9% from 2017 and total yearly sales are down by 6%.

Under Contract

Y-O-Y December under contracts are down 12% from 2017.

Total Inventory

Inventory is starting to rise. Up by
5% from 2017